The U.K. Financial Services Authority will apply banking book risk weights to securitization trading positions.
FDIC Chairman Sheila Bair said the agency would soon publish an interim rule on its new resolution authority over systemically important banking companies and certain nonbanks.
Rabobank hired Tony Muoser as a managing director for its renewable energy and infrastructure finance Americas group.
The rating agency will be publishing a final methodology after the review and evaluation of all submissions.
Loren Carlson and Edward Chan join M.R. Beal & Co.
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The recent financial crisis and its aftermath have raised fundamental questions about the future of the U.S. housing market and the GSEs.
Amid the gloom and doom surrounding the just-minted financial reform bill, there still remains a fair amount of consumer ABS trading.
Issuers in the "orphaned" ABS market backed by government-guaranteed FFELP loans are now scrambling to reposition their businesses.
The catalyst appears to have been a report issued on Tuesday last week from Morgan Stanley economists.
The ABS industry has to work on a long-term solution to the unintended consequences of the Dodd-Frank act.